With the New Year upon us, you may be pledging to get in shape, save money, or learn a new hobby. But have you made any stacking resolutions?
As we enter 2019, we find that spot prices are still hovering near historic lows while fundamentals in the precious metals markets are strengthening. So there’s no better time than now to evaluate your bullion collection and make some clear goals for how to capitalize on what could be some shining years ahead for metals. In that spirit, here are a few ways you can brighten your bullion collection in 2019.
Accumulate or complete a series
Maybe you’re looking for that final piece in the Queen’s Beast series to top off your collection. Or you’re excited to start something new, like our World of Dragons series. Or maybe you’ve accumulated every year of the Gold Lunar series, but never got around to picking up the 2019 release a couple of months ago. Or, like many disheartened gold and silver bugs in recent years, maybe you haven’t added to your stack at all lately because you’re waiting for a sign that precious metals markets are on the move up.
Whatever the case, now is the time to capitalize on low (but rising!) spot prices and attractive premiums to fill in any gaps in your collection!
Balance your bullion
Amassing bullion can be so fun that it’s easy to suddenly find yourself with too much of one type. But a mix of metals in a precious metals portfolio is the best way to take advantage of the unique supply and demand drivers behind each one of them.
So take advantage of the New Year’s fresh start to find ways to balance your bullion portfolio. Is your stack too silver-heavy? Then you’ll want to make a mental note to watch for specials on gold throughout the year. Have you always wanted to get in on platinum but were scared away by the price? At record low values, now is a perfect time to be on the lookout for great platinum deals.
Or maybe you find yourself with too much of one form. When you take a look at your collection, do you just see a stack of 1 oz coins? Then you might want to pick up some silver or gold bars in different weights to make your bullion portfolio more flexible and tradeable in the future.
And don’t forget: when it comes to different forms, you aren’t just limited to physical bullion that you hold in your hand. With spot prices on the move in 2019, you’ll want to earmark a portion of your precious metals portfolio to DGGold so that you can buy and sell quickly when the time is right.
Organize and store your bullion
Your responsibilities as a bullion investor aren’t over when the metals arrive at your door. Protecting your pieces from damage and the environment is just as important as ensuring you have a well-diversified portfolio. But it’s easy to fall behind on ensuring that your precious metals stay in top condition for generations to come.
Pure gold and silver are soft and easily scratched, dented, or nicked. So take time to make sure that each of your individual coins, bars, or rounds are kept in their original plastic flip. Or better yet, consider purchasing a PVS-free, Air-Tite capsule for every individual coin or bar you purchase this year.
Check to see if you’ve purchased enough individual coins or bars to start stacking them in protective tubes. And if you’re a serious collector, you can store several tubes at a time in secure monster boxes. Don’t forget to throw in a couple packets of silica gel to keep humidity levels low, and always handle your metals with soft gloves to prevent damage from your skin oils.
Sell what you don’t need
With a fresh year upon us, now is the perfect time to take a look at your collection with an unbiased eye to make room for what you really need. No matter how much you may be attached a piece, if it’s not contributing to the value of your stack, then maybe it’s time to let it go.
Consider selling back some of your bullion so that you can free up funds (and space) to potentially complete a collection or accumulate pieces that will not only bring you joy, but boost your bottom line, too.
Which leads us to…. Our January giveaway! We would love to hear about your 2019 stacking goals. Do you have specific objectives in mind for your bullion collection this year? Your comment below will serve as your entry in our January giveaway. Submit your comment (one comment only please) by January 31st, and one winner will be randomly selected on February 1st to receive a 2019 1/10 oz American Gold Eagle to help them get started on their stacking resolutions! Good luck!
I am new to this hobby.. I stack silver, but have a 1/10th oz gold eagle. Love the gold and silver eagles. Loved your service and Provident Metals was a breeze to deal with in the past, and will be surely doing business with them in the future!! Hopefully they do a gold starter pack one day.
Goal: Accumulate gold and silver for a rainy day.
My goal is to collect some 1/2 oz, 1/4 oz and 1/10 oz Gold Eagles over the next few years.
I have been slowly stacking silver when I can. I would like to get into gold this year and aquire my first 1oz gold coin.
the GOLD EAGLES are finest coins for collectors
My 2019 bullion goal will be to acquire more gold buffalo coins. They are awesome. I would not mind having gold American Eagles either 🙂
Keep stacking ASE’s and start stacking a little gold every month that I can.
I’m hoping to get less silver and more platinum,at least for now. See how that goes.
Keep stackin’ !!
I just started stacking this year, but have gone the cheap route with silver. Other than gold nuggets I’ve mined myself, I’ve yet to add any gold bullion. So adding that to my portfolio is my goal this year.
Planning to add to my stacks of silver and gold, possibly get into platinum as well this year.
Gold always shines, and brightens my day. Everyone needs a little more shine in their life.
My 2019 goal is to purchase Silver coins .
I want the best deals on any bullion. That’s why I shop Provident. Looking to keep stacking at my regular rate and possibly ramp up silver purchases. Also would like to purchase a 1 oz gold eagle. Don’t have one yet.
Just want to stack to prepare against inflation.
Silber will hit its old high 45-50$ this year!
My goal for the year is to reach my body weight in silver, and to add at least a 1/4oz of gold a month to the stack.
My goal is a couple of MS-63 early gold half eagles.
Continue stacking and jumping on low premium/ low spot deals.
I’d like to increase gold holdings through various pre 1933 world coins.
id love to scoop up some platinum while its so affordable, and stack silver bullion for creating my own silver ideas…
My 2019 goal is to add more gold to my stack. Plus add 250 oz silver before the price starts to rise over $20/oz
I give my kids silver coins for doing chores around the house. Like the old days, it teaches the value of real physical wealth rather than paper money. My house has never looked so clean. And since they can’t spend it, it teaches them about saving too!
Posted a youtube video with my 2019 goals here:
Turning paper into a liquid asset
Losing faith in paper money and increasing personal possession of silver and gold.
This article gives me pause to think of moving some of my stock. I had been intending of keeping my bullion as long-term investments but will reconsider that.
Need to add gold for the New year the way thing are going.
To stack a little gold and some silver for my grandkids, since nobody ever thought to do it for me.
Gold and Silver. Both good this year!
I’d like to stack 2oz of gold and 60oz of silver, budget permitting!
I am trying 4.5 to 5% of my income this yr in buying silver and gold.